WSFS Financial’s A- Senior Unsecured Rating Affirmed by KBRA, Citing Strong Fundamentals
Kroll Bond Rating Agency (KBRA) has reaffirmed the senior unsecured debt rating of A- for WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS” or “the Company”). KBRA also reaffirmed WSFS’ subordinated debt rating of BBB+ and a short-term debt rating of K2.…
AM Best Affirms Credit Ratings of Quanta Insurance Company, Inc.
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Quanta Insurance Company, Inc. (QIC) (Houston, TX). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect QIC’s…
Generational Group Advises L & I Refrigeration, Inc. in its Sale to a Private Family Fund
Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of L & I Refrigeration, Inc. to a Private Family Fund. The acquisition closed July 3, 2025. Based in Middlefield, Connecticut,…
AM Best Affirms Credit Ratings of Scotia Insurance (Barbados) Limited
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Scotia Insurance (Barbados) Limited (SIB) (Barbados). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect SIB’s balance…
MVB Financial Corp. Announces Executive Transition
MVB Financial Corp. (NASDAQ: MVBF) (“MVB” or the “Company”), today announced that, effective July 14, 2025, the Company and its wholly-owned subsidiary, MVB Bank (the “Bank”), have mutually agreed with Donald T. Robinson to a transition plan under which Mr.…
Guaranty Bank & Trust Supports 29th Dallas Mayor’s Fair, Expands Financial Literacy Outreach
Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust is excited to announce its continued support as a sponsor for the 29th Annual Dallas Mayor’s Back to School Fair, hosted by Mayor Eric Johnson. The event…
Lincoln Savings Bank Earns Great Place to Work® Certification for 2025
Lincoln Savings Bank is proud to announce that it has been officially certified as a Great Place to Work®, a prestigious recognition that celebrates the Bank’s ongoing commitment to fostering a supportive, empowering, and inclusive workplace. This certification is based…
Cobre Becomes the First Platform to Enable Real-Time Interbank B2B Payments in Colombia
Cobre, the leading platform for real-time business payments in Latin America, unveiled today that starting in September, it will become the first participant in Colombia’s financial system to enable instant interbank payments exclusively for businesses. LatAm fintech to unlock real-time…
Metropolitan Bank Holding to Announce Q2 2025 Results and Host Earnings Call
Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release second quarter 2025 financial results after the market closes on Thursday, July 17, 2025. The Company will conduct a conference…
SmartStop REIT Advisors Enters New Retail DST Distribution Partnership With Orchard Securities
SmartStop REIT Advisors, LLC (“SRA”), an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced a…
Nasdaq Issues Month-End Short Interest Figures
Nasdaq Reports End-of-June 2025 Short Interest Totals Across Listed Securities The Nasdaq Stock Market® has released its bi-monthly update on open short interest positions as of the settlement date of June 30, 2025. The report provides a comprehensive snapshot of…
Deutsche Börse Aims to Cut Regulatory Complexity Amid EU Reforms
Deutsche Börse Group to Streamline Structure Amid Evolving EU Regulatory Landscape In response to recent European regulatory developments and a strategic internal review, Deutsche Börse Group sees significant potential to reduce regulatory complexity and improve operational efficiency. As part of…